of Property Technology Companies
Purplebricks, a leading online real estate company, recently announced the acquisition of Lomond Capital’s portfolio of property technology companies. This acquisition marks a major milestone for Purplebricks as it further strengthens its position in the real estate technology industry.
The acquisition includes a number of property technology companies, including Lomond Capital’s flagship company, PropertyGuru. PropertyGuru is a leading property search engine in Southeast Asia, with more than 10 million monthly visits and over 1.5 million listings. The acquisition also includes other technology companies such as PropertyFinder, a property search engine in the United Kingdom, and Homely, an Australian property search engine.
The acquisition of these companies will help Purplebricks to expand its presence in the real estate technology industry. It will also give Purplebricks access to a larger customer base and more resources to develop new products and services. In addition, the acquisition will help Purplebricks to gain a competitive edge in the industry by leveraging the expertise of the acquired companies.
The acquisition is expected to be completed in the coming months and will be a major step forward for Purplebricks in its mission to become a global leader in the real estate technology industry. With this acquisition, Purplebricks will be able to offer customers an even better experience when it comes to searching for and buying properties.
Overall, the acquisition of Lomond Capital’s portfolio of property technology companies is a major milestone for Purplebricks and will help the company to further strengthen its position in the real estate technology industry. With this acquisition, Purplebricks will be able to offer customers an even better experience when it comes to searching for and buying properties.